business news

Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden

JPMorgan Chase CEO Jamie Dimon on Wednesday praised former President Donald Trump’s record and admonished Democrats to be “more respectful”…

Pro-DeSantis super PAC lays off staff after second-place finish in Iowa

A super political action committee supporting Ron DeSantis in the Republican presidential primary is laying off staff as it shifts…

‘We have some consensus’: Speaker Johnson, Sen. Schumer exit Biden meeting on Ukraine aid with optimism

House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer had a bipartisan glow about them Wednesday after they and…

Trump says ‘I would love it’ when judge threatens to kick him out of E. Jean Carroll trial

Update: Jury rules Trump must pay E. Jean Carroll $83.3 million in damages for defamation A New York federal judge…

Biden designates Houthis terrorist group, as U.S. ramps up Red Sea counterstrikes

The U.S. State Department on Wednesday designated the Iranian-backed, Yemen-based Houthi rebels as specially designated global terrorists, or SDGTs, in…

Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025

JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of…

Retail sales rose 0.6% in December, topping expectations for holiday shopping

Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a…